The HODL to 100K movement

[kawetsriyanto]

Though I believe that bitcoin will still reach $100k but I think not now. Perhaps in the next halving of bitcoin, there is a massive increase in the price but also we still don't know when it will happen, there is no right time frame.

Predicting or hoping for the price of $100k is no problem, just makes it for our own target. But don't suggest someone hold or never sell because of our prediction!! Yep, there is no exact time when Bitcoin to reach $100k. Even we don't know if it can be achieved or not. Well, I am trying to make us be safe, don't do something that people can blame us. Always remember that holding Bitcoin is a high risk and no guarantee that the Bitcoin price always rises. Be wise!!   

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[Quidat]

Though I believe that bitcoin will still reach $100k but I think not now. Perhaps in the next halving of bitcoin, there is a massive increase in the price but also we still don't know when it will happen, there is no right time frame.

Predicting or hoping for the price of $100k is no problem, just makes it for our own target. But don't suggest someone hold or never sell because of our prediction!! Yep, there is no exact time when Bitcoin to reach $100k. Even we don't know if it can be achieved or not. Well, I am trying to make us be safe, don't do something that people can blame us. Always remember that holding Bitcoin is a high risk and no guarantee that the Bitcoin price always rises. Be wise!!  

We do have our own predictions which its normal that have those presumptions to those people who had predicted about 50-60k wasnt really that realistic on where most people been claiming but hey look at where we now?
As an investor then its our decision on what are the things we do believe on and not to listen on others but somehow it should be somewhat realistic because there are guesses and presumptions or prediction of price
which goes up to 1M per coin which is way too very optimistic and unrealistic.Everyone could be a HODLER but it wont really be easy as it sounds considering that there would be lots of factors affecting your goal.

[tippytoes]

Though I believe that bitcoin will still reach $100k but I think not now. Perhaps in the next halving of bitcoin, there is a massive increase in the price but also we still don't know when it will happen, there is no right time frame.

Predicting or hoping for the price of $100k is no problem, just makes it for our own target. But don't suggest someone hold or never sell because of our prediction!! Yep, there is no exact time when Bitcoin to reach $100k. Even we don't know if it can be achieved or not. Well, I am trying to make us be safe, don't do something that people can blame us. Always remember that holding Bitcoin is a high risk and no guarantee that the Bitcoin price always rises. Be wise!!   

We do have our own predictions which its normal that have those presumptions to those people who had predicted about 50-60k wasnt really that realistic on where most people been claiming but hey look at where we now?

$100k level is actually not impossible to achieve, but it may take some time to finally see this price. We need more good news from the market and tangible use cases. We should not rely for possible pump owed to some whales or manipulation because it is not a sustainable approach. Better do your own thing and if you truly believe on this market, you will always find a way how to accumulate more. But you can't dictate others to follow your action because we have our own priorities. Just take care of your portfolio because no one else will.

[Lubang Bawah]

After getting new ATH last April I'm optimistic there will be new ATH again this year, moreover the transaction volume in October continues to increase because many companies have announced developing bitcoin so that more and more active users, this will have an impact on prices that continue to increase so that the price is $100 We can achieve this this year, maybe before December.

[bhooscream]

-snip-the price is $100 We can achieve this this year, maybe before December.

Why you are so confident? Although Bitcoin price looks good with a higher transaction volume every day, doesn't mean to continue till the next months. Are you not worried about sudden bad news in Bitcoin? Be careful on the sudden bad news, it can influence the Bitcoin price immediately. In my opinion, $100k is very speculative, maybe not achieved this year. Don't forget that December is only two months left, it is a rather short time for Bitcoin to reach $100k.

[yohananaomi]

After getting new ATH last April I'm optimistic there will be new ATH again this year, moreover the transaction volume in October continues to increase because many companies have announced developing bitcoin so that more and more active users, this will have an impact on prices that continue to increase so that the price is $100 We can achieve this this year, maybe before December.

the prediction that early Q4, bitcoin will start moving away from the crucial figure at $55K does seem to be true. as you said that the market capitalization is also very high and indicates that bitcoin will indeed lead to continue to increase.

if you look at the https://www.bybt.com site, it can be seen that there was the last ATH in 2013 and 2017, where one was in November and the other was in December. so the possibility could be earlier in november or delayed in december there will be another renewable ATH. we just have to wait for this wait because of course it won't be long.

if the value of the price will probably be $100K, or maybe more. we will see at the end of october where the bitcoin price has been reached. after that the possibility will can be concluded.

[rodskee]

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl,

What about this? Unity to HODL? then what will be the value of Bitcoin if w will not circulate this?

at least you Knew that Bitcoin must be circulated to asses the value.

then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Lol who will demand if you let no to circulate? people will convert to Altcoin and then what will be the value of Bitcoin if users changed from this to altcoins>

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here. 

I alsp Hold but i also Use this for paying some transctions, this helps currency to have value.

[Shenzou]

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here. 

Even if we are able to get thousands of people to hold their bitcoin until it reached the 100k we will still not be able to do it preemptively, not that bitcoin is not able to reach that point by normal standards but because the bitcoin network is far more bigger and decentralized than we can control, thousands of trades are going on in the market with billions of dollars going in and out, it has become a mutli billions dollar market that is far from being controlled by a movement, and that is a good thing.

[Cryptmuster]

Even if we are able to get thousands of people to hold their bitcoin until it reached the 100k we will still not be able to do it preemptively, not that bitcoin is not able to reach that point by normal standards but because the bitcoin network is far more bigger and decentralized than we can control, thousands of trades are going on in the market with billions of dollars going in and out, it has become a mutli billions dollar market that is far from being controlled by a movement, and that is a good thing.

This process can no longer be stopped, and here even the point is not to force someone to hold their bitcoins. Bitcoin is already rotating at the state level, and this is probably the highest level in which the price of 100k is only a matter of time. Personally, I would consider holding to the 200-300k price, because the 100k target can be reached very quickly.

[AsiaHODL]

I think some are missing the point of the HODL@100 movement.

Yes, obviously BTC will eventually reach 100, and well beyond, over time.

However, its in the interests of all who have current allocations to BTC to get to 100 sooner, rather than later (expect of course if we are planning to stack sats over time on the way up).

No one is saying we immediately sell @ 100, And indeed for many of those "taking gains", there will be a whole bunch of new investors who move in around all the "Price 100K" media publicity (and broadening investor base is always good).

The aim really is to get to 100K fast, and maintain this, not just as a new ATH, but an eventual base support level. Its a bit like the 4 minute mile. Seemed almost impossible, and suddenly once it gets accomplished it becomes the norm. I am sure as we approach 100 we will get a bit of volatility as some try to front run a perceived sell off prior to 100. So, we will probably see a but of jumpiness around 93-97 ish range, and a few 99.8 type "almost hit" spikes, before an eventual blast through to 103ish. The point is to get the ATH, and then to eventually accumulate around it.

Why 100? There is not necessarily a mathematical reason for this, at least in the short term, but its really a round number phenomenon that the human mind (and main stream media) can easily connect with.  Eventually we will need to convert over to price of Sats as opposed to BTC, but that's another issue.

As for those who don't understand how a collective hodl can help accomplish 100K faster, and those who ask "but if no trading is done how can the price go up", it never ceases to amaze me how many supposedly smart people still get confused on basic economic concepts. Again, if supply is reduced, and demand remains the same (or increases), price will rise. Very very simple. And indeed, one reason why the "amount on exchanges vs in cold storage" is a metric many look at in determining future price.

Despite what we like to think, the evidence confirms that most "traders" over time, will lose money. If you think you can reliably make money "trading", whether FX or crypto, you are almost certainly kidding yourself (perhaps 1-2% of all people are the exception).

So, I am a strong supporter of HODL@100. Simply HODL, and make it clear to all  - "I WILL NOT SELL UNTIL 100K". United we HODL and the more united we are, the faster we see 100K per coin.

[glendall]

not everyone can hold bitcoin with the suggested movement right, everyone has a need, if the need is urgent I personally sell my crypto assets, because my goal in buying crypto is to save and if I get a profit it is a plus to save money in crypto

but I will encourage friends who still hold bitcoin up to 100k $

[lixer]

Well, you are right And we don't know what will happen to the price. Since it is predictable no one knows exactly the price in the future. Though I believe that bitcoin will still reach $100k but I think not now. Perhaps in the next halving of bitcoin, there is a massive increase in the price but also we still don't know when it will happen, there is no right time frame. Crypto holders anticipated about the $100k price in the market which I think it is impossible to achieve this year, it could be reach another year but not now.

this year is a long way to reach $100k. the current bitcoin trend alone has made altcoins go down very fast. if bitcoin continues to make a strong dominance, then the altcoin market could crash.
I saw some analysis that said bitcoin would hit $60k-$65k for the year. The bitcoin market trend is very good. but altcoins can't keep up.

There is no fix time when we are going to touch this figure, but most predictions are coming we can touch in next year if we have no bad news or anything around because it's very important for this to be had some fair and better environment for better growth and development.

Right now, it is staying above $55K which is very soft and good signal if we are staying here for some more time than surely near Christmas we will have some very good rise even we can touch new ATH because adoption is happening and people's already investing mean it's doing much better than expected for common peoples.

[ziyaaa]

The HODL to $100k movement is a logical thing to do I think. Because there is already a very good run in the market currently and this may go on for a long time. We are very likely to see Bitcoin price reaching a new all time high level and improving it a lot also. But to reach $100k, we might need a bull run. Otherwise, just a rally may not be enough to achieve it.

[Mamun74]

I Think It's possible to happen.Bitcoin price already broke the record price of all time in This year.Bitcoin is most valuable and promising coin in market. Bitcoin is number one coin in market.Now bitcoin price is average $55k+.Few moth ago bitcoin price was reached $65k+.I Think bitcoin price will be more increase and bitcoin will be reached $100k this year.

[AsiaHODL]

One really interesting HODL effect underway is now the adoption of Sats (as opposed to gold) as a traditional gift and store of family value in India. These types of assets are historically hodled for generations. So as we start to see a country of 1 Billion people gradually start adopting, this will definitely have an effect of both sustaining ongoing price rises and reducing vol.

Lots of Bollywood celebs now jumping on board. Lets just hope they stick to Sats and dont start schilling alt scams.

[amihada]

I read a lot on this forum all thinking without analyzing or providing any evidence or signal that in the future it will reach the price of $100k, I'm saying this doesn't mean the price of bitcoin can't go up by $100k but don't assume, everything will happen here because basically the price of bitcoin is unstable it can go up and it can go down but at least to say up or down try to provide evidence with positive news about bitcoin such as airports that accept bitcoin or banks that accept bitcoin by providing evidence like this makes sense in the future the price of bitcoin will rise, don't just "in my opinion". Just a suggestion, please cross out.

[Issa56]

I think Bitcoin going to 100k before this year ends is already obvious, I believe what happen last year is still going to repeat itself which bitcoin bull run was at the third quarter of the year I believe thesame thing will happen this year so if you are having bitcoin is better you hold it tight and wait till we hit $100k on or before December.

[Oilacris]

I read a lot on this forum all thinking without analyzing or providing any evidence or signal that in the future it will reach the price of $100k, I'm saying this doesn't mean the price of bitcoin can't go up by $100k but don't assume, everything will happen here because basically the price of bitcoin is unstable it can go up and it can go down but at least to say up or down try to provide evidence with positive news about bitcoin such as airports that accept bitcoin or banks that accept bitcoin by providing evidence like this makes sense in the future the price of bitcoin will rise, don't just "in my opinion". Just a suggestion, please cross out.

Yes, fair point. At the same time, we need to be careful not to confuse short term volatility with a long term trend.

Bitcoin investment is the most ideal for long-term investment, it has been proven that prices always go up and this makes me make bitcoin a long-term investment as retirement money when I am no longer working, now is the time to invest and I target around $100 per month.

But always consider the  risk behind because its never been an assurance that it would last up forever or something talks about high prices because it could neither go down or up randomly basing up on the entire demand.

When it comes to holding then this is something a personal choice because its your money then you do have the full rights on what you should gonna do with it.If you do really believe or trust that much then

go ahead and dont listen up on others suggestions when it comes to investment.$100k isnt really that too far off already and its attainable and we would just needing some good catalyst towards on possible target.

[NicNacCoin]

Seeing the rise in the price of Bitcoin, it seems that Bitcoin can quickly become within 1 million dollars. This is the idea that various experts are doing here. But currently Bitcoin is between 57k and 58k dollar However, we will soon see the price of Bitcoin between 70 and 80 thousand dollars And by the end of 2021, the price of Bitcoin will reach one lakh rupees.

[bhooscream]

Seeing the rise in the price of Bitcoin, it seems that Bitcoin can quickly become within 1 million dollars.

1 million dollars quickly? lol
Rising to $1,000,000 is only a dream, surely it will not happen this year. The price of Bitcoin is about $57,600 right now, impossible to increase to $1,000,000. Please don't make a joke, be more serious if you want to predict the possible price of Bitcoin.

we will soon see the price of Bitcoin between 70 and 80 thousand dollars

If you said the price of Bitcoin to reach $60k soon, it is acceptable. But if you said to reach $70k-$80k soon, seems like not a realistic or not reasonable prediction. Don't forget that the price of Bitcoin can drop again after reaching $60k, don't think that it is always increasing. You also must consider if there will be bad news that can trigger Bitcoin price to decrease.